Norway Tax Agency Clarifies VAT Treatment of Credit Notes, Non-Invoiced Earned Income

The Norwegian Tax Administration March 7 posted online Tax Appeals Board Decision No. SKNS1-2024-91, clarifying the VAT treatment of issued credit notes and non-invoiced earned income. The taxpayer, a VAT-registered Norwegian company, received income from various consulting services between 2017 and 2018. The Tax Office denied taxpayer’s arguments for a reduced VAT base and imposed additional tax. The taxpayer appealed, claiming that certain VAT reductions were legally justified. The Tax Appeals Board partially upheld the appeal, explaining that: 1) none of the taxpayer’s grounds for correcting the VAT base with respect to the credit notes were substantiated and the Tax ...